# Finance Act 1987, Paragraph 1


In section 2(9) of the principal Act (amounts to be taken into account in respect of expenditure) at the end of paragraph (f) there shall be added
“and
(g) any research expenditure allowable in the case of the participator under section 5B of this Act which, on a claim made by him under Schedule 7 to this Act, has been allowed under that Schedule before the Board have made an assessment to tax or a determination on or in relation to him for the period in respect of the field, so far as that expenditure has not been taken into account in any previous assessment to tax or determination.”

---
Source: https://www.legislation.gov.uk/ukpga/1987/16/schedule/13/paragraph/1 (the official version)
Page: https://openlegislation.uk/finance-act-1987/schedule-13/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.